Using a Decision Matrix

Front

What is a decision matrix?

Back

A decision matrix is a tool used to evaluate and prioritize a list of options based on specific criteria.

Front

What is the first step in creating a decision matrix?

Back

Identify all the choices you are picking from.

Front

Why is it important to use multiple criteria in a decision matrix?

Back

Using multiple criteria ensures that you consider all important factors, preventing oversight.

Front

What does weighting criteria in a decision matrix mean?

Back

Weighting criteria means assigning importance levels to each criterion to reflect their significance in the decision-making process.

Front

What is a scoring criteria in a decision matrix?

Back

A scoring criteria is a scale (e.g., 1-5) used to evaluate how well each option meets the established criteria.

Front

How do you determine which option to choose using a decision matrix?

Back

The option with the highest total score is typically considered the best choice.

Front

What is the advantage of using a decision matrix?

Back

It eliminates emotion and guesswork, providing a structured approach to decision-making.

Front

What should you do after weighting your criteria?

Back

Identify a scoring criteria (like a scale from 1-5) to evaluate your options.

Front

What is the risk of using too few criteria in your decision matrix?

Back

It leaves you blind to important considerations in your project.

Front

What is the purpose of a decision matrix?

Back

The purpose of a decision matrix is to facilitate objective decision-making by comparing options against defined criteria.